Problems at Planet Fitness (PLNT) - by Edwin Dorsey
![](https://substackcdn.com/image/fetch/f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F40818a43-3ba7-473b-902e-6c35d3b13275_2510x1366.png)
Planet Fitness (NYSE: PLNT — $7.43 billion) is the leading franchisor of low-cost gyms in the United States. The company’s low price point, as little as $10/month, convenient 2,000+ locations, and branding as a “judgment free zone” have been a hit with consumers. Planet Fitness has also been a hit with investors, shares are up ~350% since the company’s August 2015 IPO propelled by a growing franchise base that’s nearly doubled from 1,066 in 2015 to 2,091 franchised gyms today. At ~40x forward earnings, investors believe the franchise network is healthy and has room to grow. The Bear Cave doesn’t.
![](https://static01.nyt.com/images/2022/03/13/magazine/13Mag-Lorde-01/13Mag-Lorde-01-mediumSquareAt3X.jpg)
The Women of Pop Are Imagining Life Without Fame - The New York Times
![](https://miro.medium.com/v2/resize:fit:1400/1*b28ChbXUJW_vGeTnsKCgkA.jpeg)
Curated Collection #187. Chosen stories from experienced writers…, by ILLUMINATION, ILLUMINATION
![](https://cdn.vox-cdn.com/thumbor/aD1jZfuRdi2WMuQWgsQw-eB5urE=/1400x788/filters:format(jpeg)/cdn.vox-cdn.com/uploads/chorus_asset/file/25179421/Vox_MasculinityProblem_RichardAChance.jpg)
From Mark Zuckerberg's MMA hobby to Elon Musk's ego: Silicon Valley had a very masculine year - Vox
![](https://substackcdn.com/image/fetch/f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F7d6f7526-e4b8-495c-8549-8597315aeae6_866x426.png)
Problems at Planet Fitness (PLNT) - by Edwin Dorsey
![](https://substackcdn.com/image/fetch/f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fbc704d10-8d8f-4584-b8c8-a4c4ef4eabd8_1158x628.png)
More Problems at Planet Fitness (PLNT) - by Edwin Dorsey
![](https://pbs.twimg.com/media/GJQzQn4XwAAa8A5.jpg)
Edwin Dorsey (@StockJabber) / X
![](https://online.fliphtml5.com/xzfda/rcwo/files/shot.jpg)
ENTREPRENEURSHIP, 5th Edition - Flipbook by HUMAS INABA
![](https://assets.isu.pub/document-structure/230816233056-094431e1d120c8e5cd5d63ea3fcc10b0/v1/2f46b725e7963719546d6937fa4e529b.jpeg)
And the President Is by Montecito Journal - Issuu
![](https://substackcdn.com/image/fetch/f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F3878d8e2-0926-485a-97bd-6c50e88fc1b3_986x898.png)
More Problems at Planet Fitness (PLNT) - by Edwin Dorsey
![](https://p.calameoassets.com/220702133023-304cdbc406490d30d0011d90c2b12865/p1.jpg)
Calaméo - ESRAmagazine Issue 213 July 2022
![](https://149346886.v2.pressablecdn.com/wp-content/uploads/2023/07/timmolly_2560.jpg)
The Tim Ferriss Show Transcripts: Balaji S. Srinivasan — 5-10-Year Predictions, How to Start a New Country, Society-as-a-Service (SaaS), Bitcoin Maximalism, Memetic Warfare, How Prices Are Born, Moral Flippenings, The One Commandment
![](https://i.ytimg.com/vi/GzL14a_BADs/maxresdefault.jpg)
Jobs In Dubai UAE) On LinkedIn: Aramex Careers In Dubai , 43% OFF
![](https://redcircle.com/_next/image?url=https%3A%2F%2Fmedia.redcircle.com%2Fimages%2F2021%2F11%2F17%2F23%2F5f90c212-0d00-4b64-a5a6-25081ebd0b99_321c_f53f93cb-dded-4175-ac59-ed55461793ac_blob.jpg&w=3840&q=75)
The Conditional Release Program
![](https://substackcdn.com/image/fetch/f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fd6fead4d-4c2d-4119-af7a-1237e3b3d6bf_1544x756.png)
Problems at Planet Fitness (PLNT) - by Edwin Dorsey